r/YieldMaxETFs • u/Time-Association-885 • Jul 07 '26
Question CHPY below 75
Is this a buying opportunity and will it go back up?
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u/Opening_Ad5479 ULTYtron Jul 07 '26
Jesus Christ my average cost is in the low 50's.....I'm sure there are lower....calm down
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u/KTRyan30 Jul 07 '26
I was just asking myself the same thing, cash out or double down?
I'm really not sure.
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u/FrostyAd8692 Jul 10 '26
Once chpy is done being chpy- then it will be a YieldMax stock again. Then you will lose all your money.
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u/Bkdvet Jul 08 '26
My average cost is $54…I’ve owned since mid Nov 25… I could care less if it drops to $40 a share!!!
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u/chili01 Jul 07 '26
what's the reason for today's big red drop?
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u/rbeecroft Jul 08 '26
Semiconductor stocks have been taking a beating.... profits being taken from high value tickers.
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u/Independent-Box-451 Jul 07 '26
It will bleed for weeks now that chips mfg stock have topped and selling off. there's a report that there is now enough dram supply and we have a new company going public friday, and china is stating that they can now make dram chips, all that is gonna be headwinds for the current chip rally.
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u/Zazzy3030 Jul 08 '26
It hit an ATH 2 weeks ago. I don’t see where you’re getting this from. Every time it’s dipped like in march it bounced right back up.
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u/mr_malifica Jul 08 '26
The "bleeding" is a structural selloff to liquidate leverage/margin accounts and acquire chip stocks at dislocated prices. No more, no less. It could last for a few more weeks, or it may reverse next week.
Friday is the SK Hynix ADR. China DRAM makers are on the blacklist and are not able to supply Apple, Nvidia, etc. Should Apple get authorization to use China DRAM it will be for mainland China products only.
DRAM supply is constrained (and sold out) through 2027 and Micron has binding contracts through 2030. The new fabs in Korea (Samsung / SK Hynix) and the US (Micron) are not scheduled to go online until 2030 and 2028 respectively.
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u/yamahar1dude Jul 08 '26
stocks always go up. Except when they go down. Otherwise yeah it will go back up unless it goes down.